topic Re: American Express increase of initial credit limit in Credit Cards

American Express increase of initial credit limit

navigatethis12 — Sat, 18 Feb 2012 16:21:42 GMT

Has anyone had any luck getting American Express to increase the inital credit limit given? I referred my mom for the Blue Cash Everyday for the bonus and she was approved. It's been about two weeks and she just told me today she only got a $2,000 limit. I got a $10,000 limit without any card reporting other than Amazon store and Macys. My credit is good but hers is excellent. She's had credit for about 30 years. The only "debt" that she has is one or two auto loans. Her and my dad own two successful businesses so her income is very good.

I'm just really surprised that her limit is so low, especially when limits she has on other cards are a lot higher than my $10,000. So anyway, is there a certain number to ring about this? Or would it just be best to use the one on the back of the card? Any input is much appreciated.

Re: American Express increase of initial credit limit

Open123 — Sat, 18 Feb 2012 16:37:33 GMT

A request for a CLI is available on the 61st day after the date of approval.

Your mom should see the link appear then. I've never head of AmEx raising the CL on activation.

Re: American Express increase of initial credit limit

pizzadude — Sat, 18 Feb 2012 16:41:00 GMT

My advice would be to just use the card well for 60 days and then ask for a 3X CLI at day 60. Assuming that everything is still ok I would assume that she'll get it no problem.

I'm guessing that AMEX didn't give her a big limit initially just to be conservative. I'm sure they will bump her up over time with good history.

Re: American Express increase of initial credit limit

navigatethis12 — Sat, 18 Feb 2012 17:04:20 GMT

I always thought it was six months of history. Sixty days is good though. She claims it doesn't bother her but I'll talk her into doing it then. Thank you for the advice.

Re: American Express increase of initial credit limit

Open123 — Sat, 18 Feb 2012 17:14:41 GMT

@navigatethis12 wrote:
I always thought it was six months of history. Sixty days is good though. She claims it doesn't bother her but I'll talk her into doing it then. Thank you for the advice.

60 days, then you can request it again 6 months later.

Re: American Express increase of initial credit limit

LS2982 — Sun, 19 Feb 2012 01:42:41 GMT

@pizzadude wrote:
My advice would be to just use the card well for 60 days and then ask for a 3X CLI at day 60. Assuming that everything is still ok I would assume that she'll get it no problem.

I'm guessing that AMEX didn't give her a big limit initially just to be conservative. I'm sure they will bump her up over time with good history.

Re: American Express increase of initial credit limit

Anonymous — Sun, 19 Feb 2012 01:53:38 GMT

After 61 days of good use and no other blemishes, they'll talk.

Upon activation? No way, LOL! I and many others have tried.

Re: American Express increase of initial credit limit

castlefox — Sun, 19 Feb 2012 14:11:00 GMT

Im looking on the American express website can I cant seem to find where you are supposed to request a CLI on it. Could someone help me find that?

Re: American Express increase of initial credit limit

soliloquy — Sun, 19 Feb 2012 18:04:56 GMT

I didn't know about the AMEX 61 days CLI. When I was approved in November, I only got approved for $3,000.00. I was kind of bummed. I read this thread today and thought...wth...why not call. I called in on the automated line, asked for 3X like you guys said and now I'm at a $9,000 credit line. You guys are awesome! I love you guys!

Re: American Express increase of initial credit limit

LS2982 — Sun, 19 Feb 2012 18:20:16 GMT

@soliloquy wrote:
I didn't know about the AMEX 61 days CLI. When I was approved in November, I only got approved for $3,000.00. I was kind of bummed. I read this thread today and thought...wth...why not call. I called in on the automated line, asked for 3X like you guys said and now I'm at a $9,000 credit line. You guys are awesome! I love you guys!

Very awesome congrats!!!!

Re: American Express increase of initial credit limit

soliloquy — Sun, 19 Feb 2012 19:57:42 GMT

I just called in and used the automated line. They get around to that as a topic eventually...

Re: American Express increase of initial credit limit

Anonymous — Sun, 19 Feb 2012 20:12:27 GMT

When I first applied with Amex, they had giving me $2,000 limit also. I called them and they told me to wait for six months to ask for an increase. The 60 days wait to ask for an increase will not be enough for them to trust you so they may automatically declined your request. I know this from experience. Anyway I waited for the six months and I got approve for the increase. Every six months I ask for an increase and they are so generous in honoring your request. I love Amex, and now I have $20,000 in their blue cash rewards and I've only been a member for one year and a half. Not only is Amex great in honoring your credit limit request, I've also asked them for $10,000 increase and they had giving it to me. That is a huge jump, something most bank will not honor.

Re: American Express increase of initial credit limit

soliloquy — Sun, 19 Feb 2012 20:57:35 GMT

It must just depend...i've only had my card since november and i got my 3X increase today...

Re: American Express increase of initial credit limit

DrJim — Sun, 19 Feb 2012 21:57:39 GMT

I opened my card with a $2K CL. 61 days later did the automated system and got an immediate increase to $6K. 6 months later, automated system again and I'm at $18K - that was just a few weeks ago so this is recent experience.

The max you can do on the automated line is $25K CL. That's my goal for July

Re: American Express increase of initial credit limit

navigatethis12 — Sun, 19 Feb 2012 23:26:03 GMT

Thank you everyone for all the responses. I called on her behalf, because she could not care less, and they said most likely the reason was because of the automotive loans. No matter the annual income, the computer saw those and made a decision about it. They did say that at sixty one days to ring in and have an analyst manually do it and that should do the trick.

I should have asked, but they don't auto raise it to three times your current limit do they? I really don't to get 30,000 and have to go through any account reviews.

Re: American Express increase of initial credit limit

CS800 — Mon, 20 Feb 2012 01:17:17 GMT

Never heard on CLI upon activation with AMEX. After 61 days, I got my full 3X

Re: American Express increase of initial credit limit

Anonymous — Mon, 20 Feb 2012 01:31:43 GMT

@CS800 wrote:
Never heard on CLI upon activation with AMEX. After 61 days, I got my full 3X

I already have a reminder set for day 61, LOL!

Re: American Express increase of initial credit limit

aussiesareforever — Mon, 20 Feb 2012 02:07:20 GMT

That is great. Congrats!

Re: American Express increase of initial credit limit

CS800 — Mon, 20 Feb 2012 02:10:26 GMT

@Anonymous wrote:
@CS800 wrote:
Never heard on CLI upon activation with AMEX. After 61 days, I got my full 3X
I already have a reminder set for day 61, LOL!

I was shocked to get the full 3X

Re: American Express increase of initial credit limit

Revelate — Mon, 20 Feb 2012 03:21:38 GMT

For all of you getting these 3X increases on Amex revolver CLs, can I ask what your monthly spend is on the cards if that's not too personal?